Lees employer frequently requires her to use her personal car for business. During 2014, Lee drives 10,000

Question:

Lee’s employer frequently requires her to use her personal car for business. During 2014, Lee drives 10,000 job-related miles. She also pays $200 for business-related parking and tolls.

Assuming Lee is not reimbursed for her mileage, under the standard method her employee business expense deduction would be $5,600 (without regard to the 2% AGI floor).

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Question Posted: